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RBI releases draft circular on ‘Regulatory Principles for Management of Model Risks in Credit’

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..... RBI releases draft circular on ‘Regulatory Principles for Management of Model Risks in Credit’ - News and Press Release Dated:- 5-8-2024 - News - RBI releases draft circular on ‘Regulatory Principles .....

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..... for Management of Model Risks in Credit’ - - - Dated:- 5-8-2024 - Regulated Entities (REs) generally use various models as part of their credit management, including for credit appraisal, borrower sc .....

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..... oring, pricing, risk management, etc. With a view to addressing potential risks from use of such models and ensuring robustness in the process of model deployment by REs for credit decisions, the Rese .....

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..... rve Bank of India today released the draft circular on Regulatory Principles for Management of Model Risks in Credit . The Comments on the draft circular are invited from public/stakeholders by Septem .....

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..... ber 4, 2024. Comments/ feedback may be forwarded to: The Chief General Manager Credit Risk Group Department of Regulation, Central Office Reserve Bank of India, 12/13th Floor, Shahid Bhagat Singh Marg .....

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..... , Fort Mumbai 400 001 or by email (Puneet Pancholy) Chief General Manager - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Ta .....

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..... xTMI - TMITax .....

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